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Bharat Steel NM
Bharat Steel NM
Bharat Steel NM
Group 5 Neeltanu Mukherjee Palak Narang Nisarg Ostwal Ravindra Nadh Nakka Aditi Chawla Lokesh Sharma
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The Company was incorporated in the name of Bharat Steel (P) Ltd., on 1st April, as a Private Limited Company It was promoted by Mr. Neeltanu Mukherjee along with his friends and associates Bharat Steel is new entrant in steel manufacturing It operates in B2B as well as B2C markets
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Vision
Our vision is to be a global steel industry benchmark for value creation and corporate citizenship.
Mission
Our mission is to manufacture and sell steel products that meet or exceed customer expectations. These products are to be provided at competitive prices, with performance and service ensured, while achieving the company's profit objectives.
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Iron Ore Pellets Galvanized Products Hot Rolled Products Hot Briquetted Sponge iron (HBI) Cold Rolled Products
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concept
Concept
Concept
Concept
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Phase 1
Phase 2
Phase 3
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Strategy-implementation
Change-Effectiveness
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The External Resource Approach is used to evaluate the organizations ability to secure, manage and control scarce and valued skills and resources.
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The Internal Systems Approach is used to evaluate the organizations ability to be innovative and to function in a quick and responsive manner.
The Technical Approach is used to evaluate the organizations ability to convert skills and resources into goods and services effectively. We hire those people whose personal goals matches with the organizational vision. We align the KSAs of the individuals with the organizations mission so that they can use the resources effectively for the overall growth of the organization.
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Generating Synergy into various business units. Centralized resource allocation & financial
management.
Sharing the processes across various unit within the organization.
Learning & growth synergy Aligning achievement & support within the
organization
Aligning the external partners Total strategic alignment
As our organization consists of mostly line assembly sort of jobs, so we have a decentralized structure. It is a highly differentiated type of organization. To bring more cohesion among the groups (subunits) we have integrating roles or departments. Bharat steel is highly standardized High level of formalization as we possess a centralized structure.
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Building core competencies to get competitive advantage Forming the subunits in such a way that the time spent on coordinating organization activities should reduce. Increase the flow of communication by reducing various barriers. Reducing the bureaucratic cost without hampering the overall organization structure. Increase the motivational factors by increase in the Integrating mechanism.
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The informal organization assists members behavior by Increase in freedom Reduced communication barriers Higher motivation High group cohesiveness due to better interaction among members. Less power distance within the organization
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